Coast of Maine produces and markets branded and private label compost-based organic growing soils and soil amendments, sold primarily through the independent garden center and hardware channels.  The Company's products are differentiated through their unique naturally organic recipes, which utilize local wastes from aquaculture, forestry, and agriculture such as lobster shells, wild blueberry waste, mussel shells, kelp and old barks.  Coast of Maine is based in Portland, Maine and operates a production facility in Marion Township, Maine. Further information about the Company can be found at www.coastofmaine.com.

Coast of Maine will continue to be led by its existing management team, including Carlos Quijano, President and Founder, and Sid Malone, Senior Vice President.  "As we embark on our next stage of growth, Coast of Maine is delighted to partner with Gemini Investors, who has deep experience in developing entrepreneurial businesses," commented Quijano.   "Gemini is excited to make its investment in Coast of Maine" said Jimmy Rich, Managing Director of Gemini Investors.   "Coast of Maine is a well-recognized brand beloved by organic gardeners and independent garden centers alike, participates in the high growth, on-trend organic gardening category, and is poised to continue its strong growth in the years ahead." "The recapitalization of Coast of Maine facilitated the exit of Coastal Ventures and the Maine Venture Fund, who had played a role in the early stage funding of the Company," reported Christopher Kampe, Managing Director of Tully & Holland, who advised the Company on the deal. The terms of the transaction were not announced.